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Evening Standard

Business

Simon English

Nationwide seeks power to triple executive bonuses

Nationwide Debbie Crosbie Virgin

Nationwide is poised for a tense annual meeting today that will see chief executive Debbie Crosbie cement her controversial takeover of Virgin Money and put in rules to increase her own pay.

The board is recommending moves to pay the CEO and finance chief Chris Rhodes three times their salary in bonuses, up from a mere doubling now.

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